The American authorities are considering the possibility of introducing, together with their allies, additional restrictions on the export of dual-use technologies to China. We are talking about «new targeted restrictions» on exports. Thus, all those experts who said that with the advent of the new administration, Washington will not loosen its grip on the neck of the PRC are right.
So, the United States does not intend to abolish customs duties on Chinese goods, which were introduced by the previous administration of the 45th President Donald Trump. They will remain until the completion of «intensive consultations» with allies and the review of American policy towards the PRC.
Chinese tech companies have been hit hard by the policies of former US President Donald Trump. It was expected that under Joe Biden the situation would improve slightly, but this does not seem to be the case.
This follows from recent statements by the White House administration:
«We keep these tariffs while we conduct our research on the effectiveness of this policy, because we do not want to act hastily. Joe Biden criticized Trump’s strategy towards China not for its toughness, but for the fact that he was engaged in it alone, while simultaneously fighting with allies»
Further, the administration may well strike at China with new sanctions. At the moment, the American authorities are considering the possibility of introducing, together with their allies, additional restrictions on the export of dual-use technologies to China. We are talking about «new targeted restrictions» on exports. In addition, according to a spokesman for the executive branch, Washington does not want to «supply critical technology that could enhance China’s military capabilities.»
Greetings from China
During a recent telephone conversation with the US President, Chinese President Xi Jinping said nothing fundamentally new, but hoped for «cooperation»:
«Sino-American cooperation can lead to many important events that will be beneficial for the two countries and the entire world. The confrontation between China and the United States is undoubtedly a disaster for both countries and the whole world»